Dogecoin Status & Quotes For Whatsapp, Facebook & Instagram
Dogecoin fever is sweeping the economic world, with many people debating whether or not to buy Dogecoin stock.
When software developer Billy Markus and co-founder Jackson Palmer established the cryptocurrency, it was based on memes of a happy Shiba Inu who “spoke” in bad English, pronouncing the word dog as “do.”
Billy purchased a Honda Civic with his Dogecoin in 2015 after becoming frustrated with the crypto community’s hostility.
Because, unlike Bitcoin, there is no limit to the number of Dogecoins that may be made, the cryptocurrency has attracted some criticism from the community. Dogecoin’s market valuation has already hit an almost unfathomable $9.1 billion, with everyone from Elon Musk to Mia Khalifa weighing in.
Some of these Dogecoin quotations will make you laugh (and I strongly advise you to check out some memes), while others will help you decide whether or not to take a chance and buy a few shares.
Dogecoin Status & Quotes For Whatsapp, Facebook & Instagram
Dogecoin Status & Quotes
- But fate is a sucker for irony. The most exciting and ironic consequence would be for Dogecoin to become the world’s money in the future.
- If I had to choose between a lottery ticket and #Dogecoin, I’d prefer the latter. Please don’t make me pick between it and something else.
- Dogecoin is only worth a cent. You may buy it for $1 or $10 and have a good time viewing it all day. I bought a few dollars’ worths for my son, and we keep track of its price swings and discuss why they happen. It’s thrilling, fun, and instructive for him.
- I’m not suggesting it, and I’m not recommending it either, but I did buy a large position in Dogecoin. I am, after all, a Hodler. FUM.
- The consensus appears to be that Bitcoin is for the rich, Ethereum is for the middle class, and Dogecoin is for the common man.
- Dogecoin is a lighthearted and authentic community built upon a serious cryptocurrency infrastructure. It fills a niche that BTC and ETH do not. Its lightheartedness also makes it perfect for sending a message to the current financial establishment, which is anything but lighthearted. The more that the financial establishment is dismayed, the better.
- The overall story behind Dogecoin’s 30x run this year is a protest against systematic injustices in the traditional financial world — after all, Dogecoin is the first “meme asset.” This is a continuation of the value that cryptocurrencies gain from thriving and developing communities that generate network effects.
- Because it was developed as a joke, many people refer to Doge as the “people’s cryptocurrency.” Major actors and corporations are unlikely to invest in the market and manipulate it or recognize that it could be a legitimate currency. This sentiment has been repeated by Elon Musk. These variables have combined to produce a perfect storm for Doge, causing the price to skyrocket.
- While the Coinbase listing drew attention to crypto in general, it was a combination of Elon Musk’s tweets and WallStreetBets’ recent interest in crypto that sparked this spike in DOGE.
- Dogecoin is gaining traction since it is still very inexpensive, and folks who believe they missed out on Bitcoin’s rise may believe this is their chance.
What did these Dogecoin quotes teach you?
The market is wary of anyone investing in Dogecoin after the GameStop fiasco. That didn’t stop me from purchasing eight shares the other day, because, as some of these Dogecoin quotes demonstrated, it’s a fun investment with the potential to make us all wealthy. Now, I can’t say if it will or not, but the experts tend to think it won’t. That’s fine with me because I only paid $2.28. I’ll benefit handsomely if Dogecoin performs even a tenth as well as Bitcoin.
Elon Musk appears to be hell-bent on making it moon cash, which is an outlandish notion in and of itself. When it comes to investing, you should do whatever makes you feel comfortable, consider the risks, and make your own decision.
This post has come to an end, gentlemen. I sincerely hope you learned something from this essay.